InvestorsHub Logo
Followers 51
Posts 4916
Boards Moderated 0
Alias Born 03/31/2017

Re: mckinley1 post# 286539

Tuesday, 02/25/2020 4:13:46 PM

Tuesday, February 25, 2020 4:13:46 PM

Post# of 346500
Not everything can all happen at once when resources are limited. There is a big picture in play here, and the cafes are a part of the big picture. But so is the publishing division, which now has two games in the market. Amazon has product and more on the way.

It took Dave & Busters 15 years to get to their 10th location. And they had a $23.5M revolving line of credit. FUNN's plan is moving along very nicely considering we only have a fraction of what D&B had in their early years. And we have the added revenue streams of publishing and fulfillment.

Rogen Chhabra is a big part of the big picture future. Roger Mortimer is putting his money where his mouth is by funding the next four locations with his own preferred shares. There is motivation to get things done, and Rogen is devoting all his time to the USA expansion. But at the same time we will keep to the Snakes & Lattes high standards for locations, which is another key. Can't sacrifice quality in the process.

We know how popular these cafes are, and the success of Tempe will be replicated across the USA and more will come in Canada too!

Looking forward to this next growth phase. It's gonna be a big one!